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₹1319 • HDFC Bank
S1 | S2 | R1 | R2 | COMMENT |
1290 | 1280 | 1330 | 1350 | Stock approaching resistance at 1330. Hence, short at that level and keep stop-loss at 1350. |
₹1441 • Infosys
S1 | S2 | R1 | R2 | COMMENT |
1420 | 1375 | 1450 | 1485 | Eextension of decline is highly likely. Short now and on rally to 1460 with stop-loss at 1490. |
₹271 • ITC
S1 | S2 | R1 | R2 | COMMENT |
270 | 265 | 280 | 285 | Despite correction, the trend is bullish. Go long with stop-loss at 265 if only it bounces off 270. |
₹151 • ONGC
S1 | S2 | R1 | R2 | COMMENT |
145 | 140 | 152 | 160 | Breaches the key support at 152. Go short on the stock with stop-loss at 155. |
₹2616 • Reliance Ind.
S1 | S2 | R1 | R2 | COMMENT |
2550 | 2480 | 2650 | 2685 | Consider initiating fresh short positions if it reverses lower from 2650. Stop-loss at 2700. |
₹462 • SBI
S1 | S2 | R1 | R2 | COMMENT |
445 | 435 | 470 | 480 | Scrip likely to resume the downtrend. Short the stock with stop-loss at 475. |
₹3288 • TCS
S1 | S2 | R1 | R2 | COMMENT |
3270 | 3175 | 3360 | 3440 | Wait for a rise and go short with a stop-loss at 3400 if the stock reverses lower from 3360. |
16123 • Nifty 50 Futures
S1 | S2 | R1 | R2 | COMMENT |
16000 | 15740 | 16400 | 16500 | Initiate fresh short positions at current level and on a rally to 16300. Stop-loss at 16400. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
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